INDIAN INCOME TAX RETURN Assessment Year
FORM [For persons including companies required to furnish return under
ITR-7 section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D)]
(Please see rule 12 of the Income-tax Rules,1962)
(Also see attached instructions for guidance)
2014-1 5
Part A-GEN
Name (as mentioned in deed of creation/establishing/incorporation/formation) PAN
Flat/Door/Block No Name Of Premises/Building/Village Date of
formation/incorporation
(DD/MM/YYYY)
/ /
Road/Street/Post Office Area/Locality Status
(see instructions para
11b)
Town/City/District State Pin code
PERSONAL INFORMATION
Office Phone Number with STD code/Mobile No. 1 Fax Number/Mobile No. 2 Income Tax Ward/Circle
Email Address 1
Email Address 2
Details of the projects/institutions run by you
Sl. Name of the Nature of activity Classification (see Approval/ Approving/ Section under which
project/institution (see instruction para instructions para 11d) Notification/ registering exemption claimed, if any
11d) Registration No. Authority (see instruction para 11e)
1
2
3
4
Return filed[Please see instruction no.-6] On or before due date-139(1), After due date-139(4), Revised Return-139(5)
(a)
Modified return-92CD OR In response to notice u/s 139(9)- defective, 142(1), 148, 153A, 153C
(b) Return furnished under section 139(4A) 139(4B) 139(4C) 139(4D)
If revised/in response to defective/Modified, then enter
(c)
Receipt No and Date of filing original return (DD/MM/YYYY) ___ /___/____
FILING STATUS
If filed, in response to a notice u/s 139(9)/142(1)/148/153A/153C enter date of such notice, or u/s 92CD enter
(d)
date of advance pricing agreement
/ /
(e) Residential status? (Tick) Resident Non-resident
Whether any income included in total income for which for which claim under section 90/90A/91 has been made? Yes No
(f)
[applicable in the case of resident] [if yes, ensure to fill Schedule FSI and Schedule TR]
(g) Whether any transaction has been made with a person located in a jurisdiction notified u/s 94A of the Act? Yes No
(h) In the case of non-resident, is there a permanent establishment (PE) in India (Tick) Yes No
(i) Whether this return is being filed by a representative assessee? (Tick) Yes No
If yes, please furnish following information -
(1) Name of the representative
(2) Address of the representative
(3) Permanent Account Number (PAN) of the representative
For Office Use Only For Office Use Only
Receipt No.
Date
Seal and Signature of receiving official
Page 1 of 17
Where, in any of the projects/institutions run by you, one of the charitable purposes is advancement of any other
A i
object of general public utility then,-
whether there is any activity in the nature of trade, commerce or business referred to
a
in proviso to section 2(15)? Yes No
OTHER DETAILS
whether there is any activity of rendering any service in relation to any trade,
b
commerce or business for any consideration as referred to in proviso to section 2(15)? Yes No
ii If `a' or `b' is YES, the aggregate annual receipts from such activities in respect of that institution
Amount of aggregate annual receipts from such
Sl. Name of the project/Institution
activities
a
b
B University/ Educational Institution/ Hospital/ Other Institution eligible for exemption u/s 10(23C)(iiiad) and 110(23C)(iiiae)
Tick , if Section Name of the University/ Educational Institution/ Hospital/ Aggregate annual receipts
applicable Other Institution (Rs.)
10(23C)(iiiad) i
ii
iii
iv
10(23C)(iiiae) i
ii
iii
iv
C i Whether Registered u/s 12A/12AA? Yes No
ii If yes, then enter Registration No.
iii Commissioner/Director of Income-tax (Exemptions) who granted registration
iii Date of Registration (DD/MM/YYYY) ____/____/________
iv Whether activity is,- charitable, religious or both? Please tick as applicable.
D i Whether approval obtained under section 35? Yes No
ii If yes, then enter the relevant clause of section 35 and Registration No.
iii Date of Approval (DD/MM/YYYY) ____/____/________
iv Approving Authority
v Whether research is,- Scientific, Social Science or Statistical? Please tick as applicable
vi In case of business activity in research, whether it is Incidental or Not incidental? Please tick as applicable
i Whether approval obtained u/s 80G? Yes No
E ii If yes, then enter Approval No.
iii Date of Approval (DD/MM/YYYY) ____/____/________
Is there any change in the objects/activities during the Year on the basis of which
F
approval/registration was granted? Yes No
G i Whether a political party as per section 13A? (if yes, please fill schedule LA) Yes No
ii If yes, then whether registered? Yes No
If yes, then enter registration number under section 29A of the Representation of
iii
People Act, 1951
H i Whether an Electoral Trust? (if yes, please fill schedule ET) Yes No
ii If yes, then enter approval number?
Page 2 of 17
iii Date of Approval (DD/MM/YYYY) ____/____/________
I i Whether registered under Foreign Contribution (Regulation) Act, 1976 (FCRA)? Yes No
ii If yes, then enter Registration No.
iii Date of Registration (DD/MM/YYYY) ____/____/________
a Total amount of contribution received from outside India during the year, if any Rs. ____________________
iv
b Specify the purpose for which the above contribution is received
J Whether liable to tax at maximum marginal rate under section 164? Yes No
K Is this your first return? Yes No
Are you liable for audit? (Tick) Yes No, If yes, furnish following information-
Section under which you are liable for audit (specify section). Please mention date of audit report. (DD/MM/YY) (see Instruction 6(ii))
AUDI T INFORMATION
12A
a Name of the auditor signing the tax audit report
b Membership no. of the auditor
c Name of the auditor (proprietorship/ firm)
d Permanent Account Number (PAN) of the proprietorship/ firm
e Date of audit report
f Date of furnishing of the audit report ____/____/______ (DD/MM/YYYY).
Part B TI STATEMENT OF INCOME FOR THE PERIOD ENDED ON 31ST MARCH 2014
1 Income from house property [3c of Schedule HP] (enter nil if loss) 1
2 Profits and gains of business or profession [as per item no. E 35 of schedule BP] 2
3 Income under the head Capital Gains
a Short term (A5 of schedule CG) 3a
b Long term (B3 of schedule CG) (enter nil if loss ) 3b
c Total capital gains (3a + 3b) (enter nil if loss ) 3c
4 Income from other sources [as per item no. 4 of Schedule OS] 4
STATEMENT OF INCOME
5 Voluntary Contributions (C of schedule VC) 5
6 Gross income [1 + 2 + 3c + 4 + 5] 6
If registered under section 12A/12AA, fill out items 7 to 13
Aggregate of income referred to in section u/s 11 and 12 derived during the previous year to the
7 7
extent that is included in 6 above
8 Voluntary contribution forming part of corpus as per section 11(1)(d) [(Ai + Bi) of schedule VC] 8
9 Application of income for charitable or religious purposes
Amount applied to charitable or religious purposes in India during the previous year -
i 9i
Revenue Account
Amount applied to charitable or religious purposes in India during the previous year
ii Capital Account [Excluding application from Borrowed Funds and amount exempt u/s 9ii
11(1A)]
Amount applied to charitable or religious purposes in India during the previous year -
iii 9iii
Capital Account (Repayment of Loan)
Amount deemed to have been applied to charitable or religious purposes in India during
iv 9iv
the previous year as per clause (2) of Explanation to section 11(1)
If (iv) above applicable, whether option to be exercised in
a Yes No
writing before due date to the Assessing Officer
Amount accumulated or set apart for application to charitable or religious purposes to
v the extent it does not exceed 15 per cent of income derived from property held in trust/ 9v
institution under section 11(1)(a)/11(1)(b) [restricted to the maximum of 15% of (7-8) above]
Page 3 of 17
Amount in addition to amount referred to in (iv) above, accumulated or set apart for
vi specified purposes if all the conditions in section 11(2) and 11(5) are fulfilled (fill out vi
schedule I)
vii Amount eligible for exemption under section 11(1)(c) 9vii
a Approval number and date of approval by the Board
viii Total [9i+9ii+9iii+9iv+9v+9vi+9vii] 9viii
10 Additions
i Income chargeable under section 11(1B) 10i
ii Income chargeable under section 11(3) 10ii
Income in respect of which exemption under section 11 is not available by virtue of
iii
provisions of section 13
Being anonymous donation at Diii of schedule VC to the extent applied for charitable
a 10iiia
purpose
b Other than (a) above 10iiib
iv Income chargeable under section 12(2) 10iv
v Total [10i + 10ii+10iiia+10iiib+10iv] 10v
11 Income chargeable u/s 11(4) [as per item no. E36 of Schedule BP] 11
12 Total (6 8 - 9viii + 10v + 11) 12
Amount of income exempt under any clause of section 10, to the extent that is included in 12
13 13
above
Amount eligible for exemption under section 10(21), 10(22B), 10(23A), 10(23B), 10(23C)(iv),
14 14
10(23C)(v), 10(23C)(vi), 10(23C)(via)
Amount eligible for exemption under section 10(23C)(iiiad), 10(23C)(iiiae), 10(24), 10(46),
15 15
10(47)
16 Amount eligible for exemption under any clause, other than those at 14 and 15, of section 10 16
17 Income chargeable under section 11(3) read with section 10(21) 17
Income claimed/ exempt under section 13A or 13B in case of a Political Party or Electoral Trust
18 18
(fill Schedule LA or ET)
19 Income chargeable to tax (6 8 - 9viii + 10v + 11 13 14 15 16 + 17 - 18) 19
20 Losses of current year to be set off against 19 (total of 2ix, 3ix and 4ix of Schedule CYLA) 20
21 Gross Total Income (19 - 20) 21
22 Income chargeable to tax at special rate under section 111A, 112 etc. included in 21 22
23 Deduction u/s 10A or 10AA 23
24 Deductions under chapter VIA (limited to 21 - 22) 24
25 Total Income [21 23 - 24] 25
26 Income which is included in 25 and chargeable to tax at special rates (total of (i) of schedule SI) 26
27 Net Agricultural income for rate purpose 27
28 Aggregate Income (25 26 + 27) [applicable if (25-26) exceeds maximum amount not chargeable to tax] 28
Anonymous donations, included in 28, to be taxed under section 115BBC @ 30% (Diii of
29 29
schedule VC)
30 Income chargeable at maximum marginal rates 30
Part B - TTI Computation of tax liability on total income
1a Tax Payable on deemed total Income under section 115JB or 115JC as applicable (7 of 1a
1
Schedule MAT/ 4 of Schedule AMT)
1b Surcharge on (a) above 1b
1c Education Cess on (1a+1b) above 1c
1d Total Tax Payable u/s 115JB or 115JC as applicable (1a+1b+1c) 1d
TAX LIABILITY
2 Tax payable on total income
a Tax at normal rates on (28 29 30) of Part B-TI 2a
b Tax at special rates (total of (ii) of Schedule-SI) 2b
Tax on anonymous donation u/s 115BBC @30% on 29 of Part
c 2c
B-TI
d Tax at maximum marginal rate on 30 of Part B-TI 2d
Rebate on agricultural income [applicable if (25-26) of Part B-TI
e 2e
exceeds maximum amount not chargeable to tax]
Page 4 of 17
f Tax Payable on Total Income (2a + 2b+2c+2d 2e) 2f
3 Surcharge on 2f 3
4 Education cess, including secondary and higher education cess on (2f+3) 4
5 Gross tax liability (2f+3+4) 5
6 Gross tax payable (higher of 5 and 1d) 6
Credit under section 115JAA/115JD of tax paid in earlier years (if 5 is more than 1d)
7 7
( 5 of Schedule MATC/AMTC)
8 Tax payable after credit under section 115JAA/115JD [ (6 7)] 8
9 Tax relief
a Section 90/90A (2 of Schedule TR) 9a
b Section 91 (3 of Schedule TR) 9b
c Total (9a + 9b) 9c
10 Net tax liability (8 9c) 10
11 Interest payable
a For default in furnishing the return (section 234A) 11a
b For default in payment of advance tax (section 234B) 11b
c For deferment of advance tax (section 234C) 11c
d Total Interest Payable (11a+11b+11c) 11d
12 Aggregate liability (10 + 11d) 12
13 Taxes Paid
a Advance Tax (from Schedule-IT) 13a
b TDS (column 8 of Schedule-TDS) 13b
TAXES PAID
c TCS (column 7 of Schedule-TCS) 13c
d Self-Assessment Tax (from Schedule-IT) 13d
e Total Taxes Paid (13a+13b+13c + 13d) 13e
14 Amount payable (Enter if 12 is greater than 13e, else enter 0) 14
15 Refund(If 13e is greater than 12) (refund, if any, will be directly credited into the bank account) 15
16 Enter your bank account number (the number should be 9
digits or more as per Core banking solution of the bank)
17 IFS Code Type of Account (tick as applicable ) Cash credit, Current, Savings
Do you have,-
(i) any asset (including financial interest in any entity) located outside India or
18
(ii) signing authority in any account located outside India? Yes No
[applicable only in case of a resident] [Ensure Schedule FA is filed up if the answer is Yes ]
VERIFICATION
I, son/ daughter of , holding permanent
account number ____________________ solemnly declare that to the best of my knowledge and belief, the information given in the
return and the schedules, statements, etc accompanying it is correct and complete and that the amount of total income and other
particulars shown therein are truly stated and are in accordance with the provisions of the Income-tax Act, 1961, in respect of
income chargeable to income-tax for the previous year relevant to the assessment year 2014-15. I further declare that I am making
this return in my capacity as _____________________________ and I am also competent to make this return and verify it.
Place Date Sign here
Schedule I Details of amounts accumulated / set apart within the meaning of section 11(2)
Year of Amount Purpose of Amount Amount invested Amounts Balance Amount
accumulation accumulate accumulation applied for or deposited in applied amount deemed to
(F.Yr.) d in the charitable/ the modes for available be income
year of religious specified in charitable for within
accumulatio purposes section 11(5) or application meaning of
n upto the religious (7) = (2) - sub-section
beginning purpose (4) (6) (3) of
of the during the section 11
previous previous
year year
(1) (2) (3) (4) (5) (6) (7) (8)
Page 5 of 17
Total
Schedule J Statement showing the investment of all funds as on the last day of the previous year
A i Balance in the corpus fund as on the last day of the previous year Rs. _____________________
ii Balance in the non-corpus fund as on the last day of the year Rs. _____________________
B Details of investment/deposits made under section 11(5)
Sl Mode of investment as per section 11(5) Date of investment Date of maturity Amount of Maturity amount
No investment
(1) (2) (3) (4) (5) (6)
Investment in Government Saving Scheme
i
Post Office Saving Bank
ii
Deposit in Schedule Bank or co-operating
iii
societies as per section 11(5)(iii)
iv Investment in UTI
v Any Other
vi TOTAL
DETAILS OF INVESTMENT OF FUNDS
C Investment held at any time during the previous year (s) in concern (s) in which persons referred to in section
13(3) have a substantial interest
Sl Name and address Where the concern Number of Class of Nominal Income from Whether the amount in col (6)
No of the concern is a company shares held shares value of the exceeds 5 percent of the
(tick as applicable held the investment capital of the concern during
investment the previous year
(tick as applicable )
(1) (2) (3) (4) (5) (6) (7) (8)
i Yes No Yes No
ii Yes No Yes No
iii Yes No Yes No
iv Yes No Yes No
v Yes No Yes No
vi Yes No Yes No
TOTAL
D Other investments as on the last day of the previous year
Sl Name and address of the Whether the concern is Class of shares held Number of shares held Nominal value
No concern a company of investment
(tick as applicable )
(1) (2) (3) (4) (5) (6)
i Yes No
Page 6 of 17
ii Yes No
iii Yes No
iv Yes No
v TOTAL
E Voluntary contributions/donations received in kind but not converted into investments in the specified modes u/s 11(5)
within the time provided
Sl.N Name and address of the Value of Amount out of (3) invested Balance to be treated as
o
donor contribution/donation in modes prescribed under income under section 11(3)
section 11(5)
(1) (2) (3) (4) (5)
i
ii
iii
iv TOTAL
Schedule K Statement of particulars regarding the Author(s) / Founder(s) / Trustee(s) / Manager(s), etc., of the
Trust or Institution
A Name(s) of author(s) / founder(s) / Settlor(s) and address(es), if alive
Sl. Name and address PAN
B Name(s) of the person(s) who was / were trustee(s) / manager(s) during the previous year(s)
Sl. Name and address PAN
C Name(s) of the person(s) who has / have made substantial contribution to the trust / institution in terms of section
13(3)(b)
Sl. Name and address PAN
Name(s) of relative(s) of author(s), founder(s), trustee(s), manager(s), and substantial contributor(s) and where any
D such author, founder, trustee, manager or substantial contributor is a Hindu undivided family, also the names of the
members of the family and their relatives
Sl. Name and address PAN
Page 7 of 17
Schedule LA Political Party
1 Whether books of account were maintained? (tick as applicable ) Yes No
2 Whether record of each voluntary contribution in excess of twenty thousand rupees
Yes No
POLITICAL PARTY
(including name and address of the person who has made such contribution) were
maintained? (tick as applicable )
3
Whether the accounts have been audited? (tick as applicable ) Yes No
If yes, date of audit (DD/MM/YYYY) ____/_____/______
4 Whether the report under sub-section (3) of section 29C of the Representation of the Yes No
People Act, 1951 for the financial year has been submitted?(tick as applicable )
5 If yes, then date of submission of the report (DD/MM/YYYY) ____/_____/______
Schedule ET Electoral Trust
1 Whether books of account were maintained? (tick as applicable ) Yes No
2 Whether record of each voluntary contribution (including name, address and PAN of the
person who has made such contribution along with the mode of contribution) were Yes No
maintained? (tick as applicable )
3 Whether record of each person (including name, address and PAN of such person) to
Yes No
whom voluntary contribution has been distributed was maintained? (tick as applicable )
4 Yes No
Whether the accounts have been audited? (tick as applicable )
ELECTORAL TRUST
If yes, date of audit (DD/MM/YYYY ) _____/_____/______
5 Whether the report as per rule 17CA(14) furnished to the Commissioner of Income-tax Yes No
or Director of Income-tax?(tick as applicable )
6 Details of voluntary contribution
i Opening balance as on 1st April i
ii Voluntary contribution received during the year ii
iii Total (i + ii) iii
iv Amount distributed to Political parties iv
v Amount spent on managing the affairs of the Trust v
vi Total (iv + v) vi
st
vii Closing balance as on 31 March (iii vi) vii
Schedule HP Details of Income from House Property (Please refer to instructions)
Address of property 1 Town/ City State PIN Code
1
Is the property co-owned? Yes No (if "YES" please enter following details)
Your percentage of share in the property
Name of Co-owner(s) PAN of Co-owner(s) (optional) Percentage Share in Property
I
HOUSE PROPERTY
II
(Tick) if let out Name of Tenant PAN of Tenant (optional)
Annual letable value or rent received or receivable (higher of the two, if let out for whole of
a 1a
the year, lower of the two if let out for part of the year)
b The amount of rent which cannot be realized 1b
c Tax paid to local authorities 1c
d Total (1b + 1c) 1d
e Annual value (1a 1d) (nil, if self -occupied etc. as per section 23(2)of the Act) 1e
f 30% of 1e 1f
g Interest payable on borrowed capital 1g
h Total (1f + 1g) 1h
i Income from house property 1 (1f 1i) 1i
Page 8 of 17
Address of property 2 Town/ City State PIN Code
2
Is the property co-owned? Yes No (if "YES" please enter following details)
Your percentage of share in the property.
Name of Co-owner(s) PAN of Co-owner(s) (optional) Percentage Share in Property
I
II
(Tick) if let out Name of Tenant PAN of Tenant (optional)
Annual letable value or rent received/ receivable (higher of the two, if let out for whole of
a 2a
the year, lower of the two, if let out for part of the year)
b The amount of rent which cannot be realized 2b
c Tax paid to local authorities 2c
d Total (2b + 2c) 2d
e Annual value (2a 2d) 2e
f 30% of 2f 2f
g Interest payable on borrowed capital 2g
h Total (2f + 2g) 2h
i Income from house property 2 (2e 2h) 2i
3 Income under the head "Income from house property"
a Rent of earlier years realized under section 25A/AA 3a
b Arrears of rent received during the year under section 25B after deducting 30% 3b
c Total (1i + 2i + 3a + 3b ) (if negative take the figure to 2i of schedule CYLA) 3c
Schedule CG Capital Gains
A Short-term capital gain
1 From assets (shares/units) where section 111A is applicable (STT paid)
a Full value of consideration 1a
b Deductions under section 48
i Cost of acquisition bi
ii Cost of Improvement bii
iii Expenditure on transfer biii
iv Total (i + ii + iii) biv
c Balance (1a biv) 1c
d Loss, if any, to be ignored under section 94(7) or 1d
94(8) (Enter positive value only)
e Short-term capital gain (1c +1d) A1e
2 From assets where section 111A is not applicable
a Full value of consideration 2a
b Deductions under section 48
i Cost of acquisition bi
ii Cost of Improvement bii
iii Expenditure on transfer biii
iv Total (i + ii + iii) biv
c Balance (2a biv) 2c
d Loss, if any, to be ignored under section 94(7) or 2d
94(8) (Enter positive value only)
e Short-term capital gain (2c + 2d) 2e
3 Deemed short term capital gain on depreciable assets A3
CAPITAL GAINS
4 Exemption u/s 11(1A) A4
5 Total short term capital gain (A1e + 2e + A3 - A4) A5
B Long term capital gain
1 From asset where proviso under section 112(1) is not applicable
a Full value of consideration 1a
b Deductions under section 48
Page 9 of 17
i Cost of acquisition after indexation bi
ii Cost of improvement after indexation bii
iii Expenditure on transfer biii
iv Total (bi + bii +biii) biv
c Balance (1a biv) 1c
d Exemption u/s 11(1A) 1d
e Long-term capital gains where proviso under section 112(1) is not applicable (1c 1d) B1e
2 From asset where proviso under section 112(1) is applicable (without indexation)
a Full value of consideration 2a
b Deductions under section 48
i Cost of acquisition without indexation bi
ii Cost of improvement without indexation bii
iii Expenditure on transfer biii
iv Total (bi + bii +biii) biv
c Balance (2a biv) 2c
d Exemption u/s 11(1A) 2d
e Long-term capital gains where proviso under section 112(1) is applicable (2c 2d) B2e
(1e
3 Total 1f)
long term capital gain (B1e + B2e) B3
C Income chargeable under the head "CAPITAL GAINS" (A5 + B3) (enter B3 as nil, if loss) C
Schedule OS Income from other sources
1 Income
a Dividends, Gross 1a
b Interest, Gross 1b
c Rental income from machinery, plants, buildings, etc., Gross 1c
Others, Gross (excluding income from owning race
d
horses)Mention the source
i
Income from winnings from lotteries, crossword puzzles 1di
etc.
ii 1dii
iii 1diii
iv Total (1di + 1dii+ 1diii) 1div
e Total (1a + 1b + 1c + 1div) 1e
f Income included in `1e' chargeable to tax at special rate (Chapter XII/XIIA) (to be taken to schedule SI)
OTHER SOURCES
Income from winnings from lotteries, crossword puzzles, races, games, gambling, betting etc
i 1i
(u/s 115BB)
ii Any other income under chapter XII/XII-A 1fii
iii Income included in `1e' chargeable to tax at special rate (1fi +1fii) 1fiii
g Gross amount chargeable to tax at normal applicable rates (1e-1fiii) 1g
h Deductions under section 57
i Expenses / Deductions hi
ii Depreciation hii
iii Total hiii
Income from other sources (other than from owning race horses and amount chargeable to tax at
i 1i
special rate) (1g hiii) (If negative take the figure to 4i of schedule CYLA)
2 Income from other sources (other than from owning race horses) (1fiii + 1i) (enter 1i as nil, if negative) 2
3 Income from the activity of owning and maintaining race horses
a Receipts 3a
b Deductions under section 57 in relation to (3) 3b
c Balance (3a 3b) 3c
4 Income under the head "Income from other sources" (2 + 3c) (take 3c as nil if negative) 4
Schedule- VC Voluntary Contributions
A Local
i Corpus fund donation Ai
ii Other than corpus fund donation Aii
iii Voluntary contribution local (Ai + Aii) Aiii
Page 10 of 17
B Foreign contribution
i Corpus fund donation Bi
ii Other than corpus fund donation Bii
iii Foreign contribution (Bi + Bii) Biii
C Total Contributions (Aiii + Biii) C
D Anonymous donations, included in C, chargeable u/s 115BBC
i Aggregate of such anonymous donations received i
ii 5% of total donations received at C or 1,00,000 whichever is higher ii
iii Anonymous donations chargeable u/s 115BBC @ 30% (i ii) iii
Schedule OA General
Do you have any income under the head business and profession? Yes No (if "yes" please enter following details)
1 Nature of Business or profession (refer to the instructions) 1
2 Number of branches 2
3 Method of accounting employed in the previous year (Tick) mercantile cash 3
4 Is there any change in method of accounting (Tick) Yes 4
5
Effect on the profit because of deviation, if any, in the method of accounting employed in the
5
previous year from accounting standards prescribed under section 145A
6 Method of valuation of closing stock employed in the previous year 6
Raw Material (if at cost or market rates whichever is less write 1, if at cost write 2, if at
a
market rate write 3)
Finished goods (if at cost or market rates whichever is less write 1, if at cost write 2, if at
b
market rate write 3)
c Is there any change in stock valuation method (Tick) Yes No
d Effect on the profit or loss because of deviation, if any, from the method of valuation
prescribed under section 145A 6d
Schedule BP Computation of income from business or profession
A From business or profession other than speculative business and specified business
1 Profit before tax as per profit and loss account 1
Net profit or loss from speculative business included
2 2
in 1 (enter ve sign in case of loss)
Net profit or loss from Specified Business u/s 35AD
3 3
included in 1 (enter ve sign in case of loss)
Profit or loss included in 1, which is referred to in
4 4
section 44AD/44AE
INCOME FROM BUSINESS OR PROFESSION
5 Income credited to Profit and Loss account (included in 1) which is exempt
a share of income from firm(s) 5a
b Share of income from AOP/ BOI 5b
c Any other exempt income 5c
d Total exempt income 5d
6 Balance (1 2 3 4 5d) 6
Expenses debited to profit and loss account 7
7 considered under other heads of income
Expenses debited to profit and loss account which 8
8 relate to exempt income
9 Total (7 + 8) 9
10 Adjusted profit or loss (6+9) 10
Deemed income under section 33AB/33ABA/35ABB 11
11
Any other item or items of addition under section 28 12
12
to 44DA
13 Any other income not included in profit and loss 13
account/any other expense not allowable (including
income from salary, commission, bonus and interest
from firms in which company is a partner)
Page 11 of 17
14 Total (10 +11+12+13) 14
15 Deduction allowable under section 32(1)(iii) 15
16 Any other amount allowable as deduction 16
17 Total ( 15 +16) 17
18 Income (14 17) 18
19 Profits and gains of business or profession deemed to be under -
i Section 44AD 19i
ii Section 44AE 19ii
iii Total (19i to 19ii) 19iii
20 Net profit or loss from business or profession other than speculative and specified 20
business (18 + 19iii)
21 Net Profit or loss from business or profession other than speculative business and A21
specified business after applying rule 7A, 7B or 7C, if applicable (If rule 7A, 7B or 7C is not
applicable, enter same figure as in 20)
B Computation of income from speculative business
24 Net profit or loss from speculative business as per profit or loss account 24
25 Additions in accordance with section 28 to 44DA 25
26 Deductions in accordance with section 28 to 44DA 26
27 Profit or loss from speculative business (24+25-26) (enter nil if loss) B27
C Computation of income from specified business under section 35AD C
28 Net profit or loss from specified business as per profit or loss account 28
29 Additions in accordance with section 28 to 44DA 29
Deductions in accordance with section 28 to 44DA (other than deduction under section,- (i) 35AD, 30
30 (ii) 32 or 35 on which deduction u/s 35AD is claimed)
31 Profit or loss from specified business (28+29-30) 31
32 Deductions in accordance with section 35AD(1) or 35AD(1A) 32
33 Profit or loss from specified business (31-32) (enter nil if loss) 33
D Income
Inco chargeable under the head `Profits and gains'D (A21+B27+C33) D34
E meComputation of income chargeable to tax under section 11(4)
char
35 Income as shown in the accounts of business under taking [refer section 11(4)]
gea E35
ble
36 Income chargeable to tax under section 11(4) [D34-E35]
und E36
er
Schedulethe
CYLA Details of Income after set-off of current years losses
hea
Sl.No Head/ Source of Income of current House property loss of Business Loss Other sources loss Current year's
d
Income year the current year set off (other than speculation or (other than loss from Income
`Pro (Fill this column specified business loss) of race horses) of the remaining after
fits only if income is the current year set off current year set off set off
and zero or positive) Total loss Total loss Total loss
gain (3c of Schedule HP) (A21 of Schedule-BP) (1i of Schedule-OS)
s' 1 2 3 4 5=1-2-3-4
(A3
Loss to be adjusted ->
7+B
i House property
CURRENT YEAR LOSS ADJUSTMENT
41+
ii C47
Business (excluding
) speculation income
and income from
specified business)
iii Speculation income
iv Specified business
income
v Short-term capital
gain
vi Long term capital
gain
vii Other sources
(excluding profit
from owning race
horses and winnings
from lottery)
viii Profit from owning
and maintaining race
horses
ix Total loss set-off
x Loss remaining after set-off
Page 12 of 17
Schedule MAT Computation of Minimum Alternate Tax payable under section 115JB
Whether the Profit and Loss Account is prepared in accordance with the provisions of Parts II of Schedule VI to the
1
Companies Act, 1956 (If yes, write `Y', if no write `N')
Whether, for the Profit and Loss Account referred to in item 1 above, the same accounting policies, accounting
2 standards and same method and rates for calculating depreciation have been followed as have been adopted for
preparing accounts laid before the company at its annual general body meeting? (If yes, write `Y', if no write `N'
3 Profit after tax as shown in the Profit and Loss Account 3
4 Additions (if debited in profit and loss account)
Income Tax paid or payable or its provision
a including the amount of deferred tax and the 4a
provision therefor
b Reserve (except reserve under section 33AC) 4b
c Provisions for unascertained liability 4c
d Provisions for losses of subsidiary companies 4d
e Dividend paid or proposed 4e
Expenditure related to exempt income under sections
MINIMUM ALTERNATE TAX
f 10, 11 or 12 [exempt income excludes income exempt 4f
under section 10(38)]
g Depreciation attributable to revaluation of assets 4g
Others (including residual unadjusted items and
h 4h
provision for diminution in the value of any asset)
i Total additions (4a+4b+4c+4d+4e+4f+4g+4h) 4i
5 Deductions
a Amount withdrawn from reserve or provisions if 5a
credited to Profit and Loss account
b Income exempt under sections 10, 11 or 12 [exempt 5b
income excludes income exempt under section 10(38)]
c Amount withdrawn from revaluation reserve and 5c
credited to profit and loss account to the extent it
does not exceed the amount of depreciation
attributable to revaluation of asset
d Loss brought forward or unabsorbed depreciation 5d
whichever is less
e Profit of sick industrial company till net worth is 5e
equal to or exceeds accumulated losses
f Others (including residual unadjusted items and the 5f
amount of deferred tax credited to P&L A/c)
g Total deductions (5a+5b+5c+5d+5e+5f)
5g
6 Book profit under section 115JB (3+ 4i 5g) 6
7 Tax payable under section 115JB [18.5% of (6)] 7
Schedule MATC Computation of tax credit under section 115JAA
1 Tax under section 115JB in assessment year 2014-15 (1d of Part-B-TTI) 1
2 Tax under other provisions of the Act in assessment year 2014-15 (5 of Part-B-TTI) 2
3 Amount of tax against which credit is available [enter (2 1) if 2 is greater than 1, otherwise enter 0] 3
4 Utilisation of MAT credit Available [Sum of MAT credit utilized during the current year is subject to maximum of amount mentioned in 3
above and cannot exceed the sum of MAT Credit Brought Forward ]
S.No Assessment Year MAT Credit MAT Credit Balance MAT
(A) Utilised during the Credit
Current Year Carried Forward
MAT CREDIT
(C) (D)= (B3) (C)
Gross Set-off in earlier years Balance Brought
(B1) (B2) forward
(B3)=(B2)-(B1)
i 2007-08
ii 2008-09
iii 2009-10
iv 2010-11
v 2011-12
vi 2012-13
vii 2013-14
Page 13 of 17
viii 2014-15 (enter 1 -2,
if 1>2 else enter 0)
ix Total
5 Amount of tax credit under section 115JAA utilised during the year [enter 4(C)ix] 5
6 Amount of MAT liability available for credit in subsequent assessment years [enter 4(D)ix] 6
Schedule AMT Computation of Alternate Minimum Tax payable under section 115JC
1 Total Income as per item 25 of PART-B-TI 1
2 Adjustment as per section 115JC(2)
a Deduction Claimed under any section included in 2a
Chapter VI-A under the heading "C.--Deductions in
respect of certain incomes"
b Deduction Claimed u/s 10AA 2b
C Total Adjustment (2a+ 2b) 2c
3 Adjusted Total Income under section 115JC(1) (1+2c) 3
4 Tax payable under section 115JC [18.5% of (3)] (In the case of Individual, HUF, AOP, BOI, AJP this is 4
applicable if 3 is greater than Rs. 20 lakhs)
Schedule AMTC Computation of tax credit under section 115JD
1 Tax under section 115JC in assessment year 2014-15 (1d of Part-B-TTI) 1
2 Tax under other provisions of the Act in assessment year 2014-15 (5 of Part-B-TTI) 2
3 Amount of tax against which credit is available [enter (2 1) if 2 is greater than 1, otherwise 3
enter 0]
4 Utilisation of AMT credit Available (Sum of AMT credit utilized during the current year is subject to maximum of amount mentioned in 3
above and cannot exceed the sum of AMT Credit Brought Forward)
S.No Assessment Year (AY) AMT Credit AMT Credit Balance AMT
(A) Utilised during Credit
the Current Year Carried
(C) Forward
(D)= (B3) (C)
Gross Set-off in earlier Balance brought forward
(B1) years (B3) = (B1) (B2)
(B2)
i 2012-13
ii 2013-14
Current AY (enter 1 -
iii
2, if 1>2 else enter 0)
iv Total
5 Amount of tax credit under section 115JD utilised during the year [total at item no 4Civ] 5
6 Amount of AMT liability available for credit in subsequent assessment years [total at 4Div] 6
Schedule SI Income chargeable to tax at special rates [Please see instruction]
Sl Section Special rate Income Tax thereon
No (%) (i) (ii)
1 111A (STCG on shares where STT paid) 15
2 112 proviso (LTCG on listed securities/ units without indexation) 10
SPECIAL RATE
3 112 (LTCG on others) 20
4 115BB (Winnings from lotteries, puzzles, races, games etc.) 30
5 115BBE (Income under section 68, 69, 69A, 69B, 69C or 69D) 30
6
7
8
9
10
11 Total
Page 14 of 17
Schedule IT Details of payments of Advance Tax and Self-Assessment
Sl BSR Code Date of Deposit (DD/MM/YYYY) Serial Number of Challan Amount (Rs)
No
i
ii
TAX PAYMENTS
iii
iv
v
vi
NOTE Enter the totals of Advance tax and Self-Assessment tax in Sl No. 13a & 13d of Part B-TTI
Schedule TDS Details of Tax Deducted at Source (TDS) on Income [As per Form 16 A issued by Deductor(s) or Form 26QB]
Sl Tax Deduction Name of the Unique TDS Unclaimed TDS brought TDS of the Amount out of (6) or (7) being Amount out of
No Account Number Deductor Certificate forward (b/f) current fin. claimed this Year (only if (6) or (7) being
(TAN) of the Number year corresponding income is being carried
Fin. Year in Amount
Deductor offered for tax this year) forward
TDS ON INCOME
which deducted b/f
(1) (2) (3) (4) (5) (6) (7) (8) (9)
i
ii
NOTE Please enter total of column (8) of Schedule-TDS in 13b of Part B-TTI
Schedule TCS Details of Tax Collected at Source (TCS) [As per Form 27D issued by the Collector(s)]
Sl Tax Deduction and Tax Name of the Collector Unclaimed TCS brought TCS of the Amount out of (5) or (6) being Amount out of
No Collection Account Number forward (b/f) current fin. claimed this Year (only if (5) or (6) being
of the Collector year corresponding income is being carried
Fin. Year in Amount
offered for tax this year) forward
TCS ON INCOME
which collected b/f
(1) (2) (3) (4) (5) (6) (7) (8)
i
ii
NOTE Please enter total of column (7) of Schedule-TDS in 13c of Part B-TTI
Schedule FSI Details of Income from outside India and tax relief
Sl. Country Taxpayer Sl. Head of income Income from Tax paid Tax payable on Tax relief Relevant article
Code Identification outside India outside India such income available in of DTAA if relief
INCOME FROM OUTSIDE INDIA AND TAX RELIEF
Number (included in PART under normal India claimed u/s 90 or
B-TI) provisions in (e)= (c) or (d) 90A
India whichever is
lower
(a) (b) (c) (d) (e) (f)
1 i House Property
Business or
ii
Profession
iii Capital Gains
iv Other sources
Total
2 i House Property
Business or
ii
Profession
iii Capital Gains
Page 15 of 17
iv Other sources
Total
NOTE Please refer to the instructions for filling out this schedule.
Schedule TR Summary of tax relief claimed for taxes paid outside India
1 Details of Tax relief claimed
Country Code Taxpayer Total taxes paid outside India Total tax relief available Section under which
Identification (total of (c) of Schedule FSI in (total of (e) of Schedule FSI in relief claimed
TAX RELIEF FOR TAX PAID OUTSIDE INDIA
Number respect of each country) respect of each country) (specify 90, 90A or 91)
(a) (b) (c) (d) (e)
Total
Total Tax relief available in respect of country where DTAA is applicable (section 90/90A) (Part of
2 2
total of 1(d))
Total Tax relief available in respect of country where DTAA is not applicable (section 91) (Part of total
3 3
of 1(d))
Whether any tax paid outside India, on which tax relief was allowed in India, has been
4 4 Yes/No
refunded/credited by the foreign tax authority during the year? If yes, provide the details below
a Amount of tax refunded b Assessment year in which tax relief allowed in India
NOTE Please refer to the instructions for filling out this schedule.
Schedule FA Details of Foreign Assets
A Details of Foreign Bank Accounts
Sl No Country Name Country Code Name and Address of Name mentioned Account Number Peak Balance During the
the Bank in the account Year (in rupees)
(1) (2) (3) (4) (5) (6) (7)
i
ii
B Details of Financial Interest in any Entity
Sl No Country Name Country Code Nature of entity Name and Address of the Total Investment (at cost)
(1) (2) (3) Entity (in rupees)
FOREIGN ASSETS
(4) (5)
(i)
(ii)
C Details of Immovable Property
Sl No Country Name Country Code Address of the Property Total Investment (at cost) (in rupees)
(1) (2) (3) (4) (5)
(i)
(ii)
D Details of any other Asset in the nature of Investment
Sl No Country Name Country Code Nature of Asset Total Investment (at cost) (in rupees)
(1) (2) (3) (4) (5)
(i)
(ii)
E Details of account(s) in which you have signing authority and which has not been included in A to D above
Page 16 of 17
Sl No Name of the Institution in which the Address of the Name of the account Account Peak Balance/Investment during
(1) account is held Institution holder Number the year (in rupees)
(2) (3) (4) (5) (6)
(i)
(ii)
F Details of trusts, created under the laws of a country outside India, in which you are a trustee, beneficiary or settlor
Sl Country Name Country Code Name and address of Name and address of Name and Name and address of
No (2) (3) the trust trustees address of Beneficiaries
(1) (4) (5) Settlor (7)
(6)
(i)
(ii)
NOTE Please refer to the instructions for filling up this schedule.
Page 17 of 17
|
